India has seen a continuous growth in the consumption of petroleum products. However, domestic production has failed to keep pace with this growth in demand. This has led to a massive spike in imports. Taking […]
The Indian oil and gas industry is heavily dependent on imports. As per data from the Petroleum Planning and Analysis Cell, domestic crude production declined from 6 million tonnes (mt) in April-May 2017 to 5.9 […]
The coal bed methane (CBM) industry is poised for significant growth supported by strong policy support and pricing freedom. The cabinet recently issued a notification which allowed Coal India Limited (CIL) and its subsidiaries to […]
With the economy set to grow at an average rate of about 8 per cent in the next couple of years, demand for gas will continue unabated. According to estimates by ICRA, gas demand will […]
Burgeoning population levels and the attempt by policymakers to boost industrial production have led to an escalation in the country’s demand for energy. […]
The existing policy framework which governs the exploration and production (E&P) activities in the hydrocarbons sector is stymied by a number of flaws. […]
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